From a leaky roof to a backyard jungle, it was a crash course in problem-solving and patience.I bought it for $145,000, powered through the chaos with a hard money loan, and sold it for $180,000.

Antelope Ridge off Powers and Barnes.

Power washing the exterior, repairing the driveway, and painting the front door What was the outcome?

That said, don’t underestimate the power of building relationships before you pitch a deal.

Adding mass to the walls works wonders—attach Mass Loaded Vinyl (MLV) to the shared wall, then cover it with a layer of 5/8” drywall using Green Glue soundproofing compound for extra noise-blocking power.

DealMachine is a powerful tool for real estate investors, especially for finding off-market deals through driving for dollars.

I currently live in Southern Maine and am looking to construct some kind of new project rather getting into rehabbing existing residentialProposed Land Budget 100-200kConstruction Budget: 400kAll in 500-600k.I have found that if I do the site work myself including clearing, septic and digging the foundation is that i can sub contract out either steel or a Lester style building (50x150) for around 300k installed with insulation and power , divided into three 2500 square foot units. 

Never underestimate the power or preparation and setting yourself up for future success! 

More big name companies will join the STR industry and hosts who are not exceeding expectation will be weeded out by their money power.

Separate HVAC systems are a good idea too—makes things easier for tenants and utility billing.I’d also recommend talking to a contractor or local utility company about what’s needed for separate power meters and mailboxes.